Kalshi, a US regulated prediction market platform, has raised $1 billion, valuing the company at $11 billion. The round was led by existing investors Sequoia Capital and CapitalG, with participation from Andreessen Horowitz, Paradigm, Anthos Capital and Neo.
The valuation boost brings Kalshi closer to the $12 billion to $15 billion valuation sought by rival Polymarket. It also comes just a month after Kalshi announced the completion of a $300 million funding round at a valuation of $5 billion, underscoring investor interest in the burgeoning predictive markets space.
Kalshi's valuation rises to $11 billion after $1 billion funding
2025-11-20 22:52:49
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